Spotify now enables fans to pay artists money direct, via Cash App and PayPal.me partnerships

Long-awaited ‘tipping’ feature arrives through association with third-party apps
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One World: Together At Home has already raised $128m for COVID-19 fight – now Universal’s releasing the album

Global Citizen event launched as audio album on streaming services in collaboration with UMG
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Apple Music expands to 52 (52!) new markets, upping presence in Africa and beyond

Apple Music now in more than double the markets in which Spotify operates
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Universal Music Group braces for physical, ad streaming downturn, but says subscription is ‘more stable and robust’

Major record company addresses the potential impact of COVID-19 on its business
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Spotify For Artists product lead, Tracy Chan, joins Twitch: ‘I believe there’s a massive opportunity to help artists connect with their fans through live streaming.’

“Tracy is joining our team at a critical moment as we continue to see growing interest from both new and established musical talent joining Twitch.”
The post Spotify For Artists product lead, Tracy Chan, joins Twitch: ‘I believe there’s a m…

Warner invests in Africa-based music distributor Africori, launching global partnership with ADA

Africori has worked with more than 6,500 artists and 700 labels, including majors and indies
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Universal’s streaming revenues topped $1bn in Q1, with total recorded music up 13.1%

Japan’s King & Prince were company’s biggest sellers in quarter
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Milk & Honey makes a statement with its new UK office – next door to Universal Music Group and Google

Management company hires Harry Knyt, signs Stuart Price and Andrew Jackson
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‘Anyone can go out and spend $1 billion. The trick is getting a good return for your investors.’

The world might be in a state of severe disruption right now – but, in the music industry, the deals keep coming. In the past few weeks, we’ve seen the likes of Primary Wave and Hipgnosis Songs Fund announce major new agreements – not to mention …

iHeartMedia to cut costs by $250m this year, as it battles economic impact of Coronavirus

Bob Pittman: “We want our shareholders to know that we have taken immediate and proactive steps to weather this crisis.”
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